Barton Biggs, co-founder of Traxis Partners LP, discusses the potential implications of Federal Reserve quantitative easing for stocks and the prospects of a bubble in emerging markets. Biggs, speaking with Betty Liu on Bloomberg Television’s “In the Loop,” also discusses his investment strategy.
He thinks the market rally since July is due to the Fed's announcement of possible Quantitative Easing. He sees more rally after the actual announcement.
He likes energy service and drug companies. Also,he thinks emerging market is only half way through the emerging market bubble.
(Source: Bloomberg)
He thinks the market rally since July is due to the Fed's announcement of possible Quantitative Easing. He sees more rally after the actual announcement.
He likes energy service and drug companies. Also,he thinks emerging market is only half way through the emerging market bubble.
(Source: Bloomberg)
